Cement News tagged under: new project
Tamil Nadu Cements inaugurates expansion project04 November 2019, Published under Cement NewsIndia’s Tamil Nadu Cements Corp Ltd, owned by the government of the state, has expanded the capacity of its Ariyalur complex at an investment of INR8.09bn (US$114.4m). The project has seen the construction of a new 1Mta plant on the same site as its existing 0.5Mta unit, therefore taking the company’s total capacity to 1.7Mta. It supplied 74 per cent of its production to government departments in FY19, according to a government document, including 488t of OPC and 406,792t of PPC. The preva... |
Raysut Cement set to begin construction of new plant in Georgia08 October 2019, Published under Cement NewsUAE-based Pioneer Cement (Raysut Cement Co) is currently finalising arrangements for its greenfield 1.2Mta project to be located near Tbilisi, Georgia. Pioneer Cement owns concessions to limestone mines in Georgia that will provide the key raw materials for the project. The new unit is an opportunity to diversify from the Middle East into a market with large infrastructure growth and a shortage of clinker and high-quality cement, said the company in a statement. "We have embarked on an... |
Arabian Cement's Rabigh plant to begin operations in 2Q2027 September 2019, Published under Cement NewsConstruction work on Arabian Cement Co’s grinding plant in Rabigh, Saudi Arabia, is now 99.3 per cent complete. Full completion is due in the 1Q20 and commercial operations are scheduled to begin in the second quarter of next year. The company has stated that the contractor’s failure to comply with the schedule had caused project delays, according to a stock market filing. However, the delay in construction work has not affected the costs associated with the project and is not expected to... |
Premiere-Slag International to receive investment for plant project11 September 2019, Published under Cement NewsPhilippine-based AbaCore Capital Holdings Inc has announced a plan to invest up to PHP102m (US$1.9m) in Premiere-Slag International Inc to build and operate a cement plant. In a disclosure on Monday, the holding company said the investment translated to a maximum of a 10 per cent stake in Premiere-Slag, which "will operate a production facility to process and sell cement, or cement mixed with components." The unit is expected to be constructed on a 30,117m 2 site in Mabini town, Batanga... |
Raysut Cement to install 1Mta grinding unit in Oman04 September 2019, Published under Cement NewsThe board of Oman’s Raysut Cement Co has approved a plan to install a new grinding unit in Duqm, in the central-eastern part of the country. The 1Mta project is expected to represent an investment of US$30m, with work on the plant scheduled to begin later this month. |
Birla Corp announces INR50bn expansion plans14 August 2019, Published under Cement NewsIndia’s Birla Corp has announced plans to increase its total cement capacity to 25Mta by 2025, with an investment of INR50bn (US$701.5m). The new capacity will be shared between the company’s existing facilities and those acquired from Reliance Cement. The first phase of expansion will see an investment of INR24.5bn in a new integrated plant at Mukutban, Nagpur, to boost overall capacity to 19.5Mta. A further INR2.5bn will be spent on a third line at its Lucknow facility taking it to 3.6M... |
Eagle Cement Corp announces 44% rise in net profit07 August 2019, Published under Cement NewsPhilippines-based Eagle Cement Corp has announced a 44 per cent YoY rise in net profit for the first six months of 2019 to PHP8.2bn (US$156.7m), while also reporting a 21 per cent increase in sales volume and higher selling prices. In the 2Q19 net income surged 39 per cent to PHP1.7bn and revenues showed 22 per cent growth to PHP5.1bn. "We will continue to leverage on the growing [demand for] local cement, led by the private sector, and supported by the infrastructure push of the gover... |
Wonder Cement completes third line at Nimbahera01 August 2019, Published under Cement NewsIndia’s Wonder Cement (RK Group) has launched the third line of its facility in Nimbahera, Chittorgarh, taking total capacity to 11Mta. The new capacity was built in one year at an investment of INR11bn (US$159.29m), taking the total cost of the three units to INR41bn. "This increases our overall capacity to 11Mta, which places us well on track to meet the burgeoning demand in the premium segment of the market. We have further expansion plans across the country soon," said Sanjay Joshi, ex... |
Southern Cross Cement plans new terminal in Brisbane15 July 2019, Published under Cement NewsAustralia’s Southern Cross Cement, a joint venture between Brickworks, Neilsen Group and Neumann Group, has announced an AUD60m (US$42.19m) investment for a new cement terminal at the Port of Brisbane. The 200,000tpa terminal will receive imports from southeast Asia and have enough capacity to serve 10 per cent of the market in southeast Queensland. Jonathan Riemann, general manager of Southern Cross Cement, expects population growth in the region to drive demand for cement. "Some of ... |
Charah Solutions to set up third SCM grinding unit01 July 2019, Published under Cement NewsCharah® Solutions Inc has announced plans to set up its third grinding facility for supplementary cementitious materials (SCMs) in Oxnard, California, USA. "Charah Solutions is one of the leading fly ash sales and marketing companies in the country and we are proving that further with this new facility that will help stabilise the West Coast market with high-quality SCMs where availability has traditionally been inconsistent," said Scott Sewell, president and CEO of Charah Solutions. T... |